2016
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Detailed explanation-1: -The overall defence budget earmarked for 2023-24 is Rs 5.94-lakh crore-including pensions of Rs 1.38-lakh crore-up by 12.9 per cent from Rs 5.25-lakh crore allocated in the previous (2022-23) fiscal. This is 13.18 per cent of the total budget outlay of Rs 45, 03, 097 crore.
Detailed explanation-2: -Of this, Ministry of Defence has been allocated a total Budget of Rs 5, 93, 537.64 crore, which is 13.18 % of the total budget. This includes an amount of Rs 1, 38, 205 crore for Defence Pensions. The total Defence Budget represents an enhancement of Rs 68, 371.49 crore (13%) over the Budget of 2022-23.
Detailed explanation-3: -The correct answer is the Naresh Chandra Committee.
Detailed explanation-4: -The overall allocation for defence is INR 5.94 lakh crore, up from INR 5.25 lakh crore in FY 2022–23, a hike of 13 percent. The total capital outlay for this fiscal year is INR 1.62 lakh crore, a nominal increase of 16 percent over the previous fiscal year of INR 1.52 lakh crore.